| CONTACT
INFO: |
| Contact
Info: |
www.QuarriesForSale.com |
| Phone: |
 |
Quarry
For Sale: |
Limestone
Quarry For Sale in Central Texas
THIS COMPANY HAS BEEN SOLD |
| Location: |
-- |
| Near
What Metro Area: |
Outside
of Austin, Texas |
| Other
Location Description: |
-- |
Description
of Company
This is a limestone quarry which
produces a variety of stone products used for
building and landscaping purposes. These builder's
stone products are offered in chopped, cut and
flag stone in varying sizes to specialty cut stone
including smooth-patio, mantels, windowsills,
lintels and other specialty cuts. Colors offered
include pure white, cream, brown, and blue/gray.
The company's attention to quality differentiates
their stone from their competitors'. Quality
is the primary emphasis established through
their standards of using precise high-quality
quarry and diamond cutting saws and hand loading
the stone on trucks or pallets to prevent excess
breakage. This means never "scooping" the loads
(picking up like gravel with a front-end loader),
which is a much cheaper and easier method of loading
but greatly reduces both quality and percentage
of usable product. Both of these items, which
exemplify their commitment to quality, minimizes
waste and makes the stone easier to install. Customers
learn that stone purchased from this company covers
more square footage per ton than stone purchased
from other quarries. Greater utilization of the
product and better quality justifies the customers
willingness to pay a premium for this product.
This greater utilization of product also helps
extend the life of the quarry.
This company also prides itself in repeat business
based upon outstanding customer service. They
thrive on orders which require specialty cuts.
While they do maintain an inventory of standard
stone available for immediate sale, the bulk of
their work is custom cut to fit each individual
order. Customers who have dealt with other quarries
are impressed with the ease at which they are
able to order and obtain these specialty orders.
Many quarries are so interested in "pushing product"
that they lose sight of the fact that most building
projects require a variety of specialty cuts.
This company's superior product quality, attention
to detail, and exceptional customer service is
what differentiates them from their competition.
Stone masons account for approximately 85% of
the customer orders, while the other 15% go to
building contractors. Orders are either delivered
by the company's four delivery trucks anywhere
in the state of Texas, or picked up on-site by
the customer. Stone has been purchased by customers
from across the United States with orders as far
away as Mississippi, California, and Idaho, to
name a few.
The owner intends to expand the company's capabilities
by providing additional custom features. These
ideas are being implemented and may be discussed
during a confidential meeting.
Description
of Staff
The company employs 20 personnel, consisting of
15 production, 2 drivers, 1 mechanic, an office
manager and the owner.
Year
Established
1996
| FINANCIAL
INFO: |
|
Asking Price: |
$2,500,000 FIRM (price includes real estate)
THIS COMPANY HAS BEEN SOLD |
| Annual
Revenue: |
$1,500,000 |
|
Cash Flow: |
$700,000+
|
|
Owner Financing? |
THIS COMPANY HAS BEEN SOLD
|
|
Real Estate Included |
Yes
THIS COMPANY HAS BEEN SOLD |
| ASSETS:
|
| Inventory
|
N/A |
| Furniture,
Fixtures, & Equipment |
$1,137,000 |
| Vehicles
|
Included
in FF&E |
| Real
Estate Value |
$395,000 |
| Accounts
Receivable |
$125,000 |
| Accounts
Payable |
$40,000 |
Describe
Facilities:
The company's quarry extends over 62 acres located
outside of Austin, Texas. The quarry is underlain
primarily by the Georgetown Formation while the
lower portion of the property is underlain by
the Edwards Limestone. Based upon an assessment
of stone resources and production dated December
1999, the remaining production life of the quarry
at that time was estimated to be approximately
22.8 years. The tonnage output has not changed
significantly since the assessment.
The facility maintains an office, mechanic shop,
and two buildings housing separate diamond cutting
saws.
Square
Footage: N/A
Reason
for Selling:
Convert equity to cash and also the owner is interested in spending more time
with his family and not be tied down to the daily
activities inherent with ownership.
Time
sellers are willing to remain after the sale:
Long enough to ensure a smooth transition
CONFIDENTIALITY
For reasons of confidentiality, other than the
information located on this page, further information
about this company will be provided only after
the Confidentiality Agreement has been
completed, signed, dated, and faxed to us.
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